S.R.O. 936(I)/2004, Islamabad, the 24th November, 2004

SROS: S.R.O. 936(I)/2004, Islamabad, the 24th November, 2004 MONTHLY STATEMENT OF DEDUCTION OF TAX U/S 233A OF THE INCOME TAX ORDINANCE, 2001 S.R.O. 936(I)/2004, Islamabad, the 24th November, 2004:- In exercise of the powers conferred by sub-section(1) of section 237 of the Income Tax Ordinance, 2001(XLIX of 2001), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published as required by sub-section(3) of the said section. In the aforesaid Rules, -- (1) in rule 51, in sub-rule(3), - (a) after the words to collect tax under section the figures bracket, comma and words 232(but not in respect of transfer of funds etc on or after first day of July, 2002) or shall be deleted; (b) after the word deduct the words or collect shall be inserted; (c) for the figures and word 157 or 233 the figures, comma, word and letter 156A, 233 or 233A shall be substituted; and (d) after the words end of the period, at the end, the words and a monthly statement under rule 66A within seven days of the end of each month shall be added; and (2) after rule, 66, the following new rule shall be inserted, namely:- 66A. Monthly statement of deduction of tax by registered stock exchange regarding purchase of shares, sale of shares, trading of shares and financing of carry over trade(Badla) in shares. - A statement under section 165 in respect of persons from whom tax has been deducted under sub-section(1) of section 233A shall, on or…